In trend terms, the number of commitments for owner occupied housing finance rose 0.6%.

In trend terms, the number of commitments for the purchase of new dwellings rose 4.0%, the number of commitments for the purchase of established dwellings rose 0.5%, while the number of commitments for the construction of dwellings fell 0.9%.

In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 18.7% in October 2012 from 19.4% in September 2012.

NOTES

FORTHCOMING ISSUES

ISSUE

Release Date

November 2012

14 January 2013

December 2012

11 February 2013

January 2013

13 March 2013

February 2013

15 April 2013

March 2013

13 May 2013

April 2013

11 June 2013

CHANGES IN THE FORTHCOMING ISSUE-SEASONAL FACTORS

Seasonally adjusted and trend estimates for housing finance will be revised in the November 2012 issue as a result of the biennial reanalysis which takes account of additional data that have become available since the previous reanalysis. This reanalysis reviews the seasonal and trading day factors in more detail than is possible in the monthly processing cycle and assesses the appropriateness of any prior corrections.

REVISIONS

In this issue revisions have been made to the original series as a result of improved reporting of survey and administrative data. These revisions have impacted on:

Owner occupied housing for September 2012

Housing loan outstandings to households for the period June 2010 to September 2012.

Seasonally adjusted and trend series have been revised as a result of revisions to the original series, the incorporation of estimates for the latest month and the revision of seasonal factors due to the concurrent seasonal adjustment methodology.

INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Tavish Shrestha on Sydney (02) 9268 4615.

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